Hod - Accounts and Finance
2 days ago
**About IOS Relocations**
IOS Relocations is a pioneer in the relocations business since 1994 and has constantly endeavoured to provide top-notch end-to-end relocation solutions to expatriates moving across the world. Our service portfolios include the following:
We specialize in providing a process-oriented programs to ensure smooth transition from one business and social environment to another. Operating out of 32 locations across India with capabilities in 500 locations globally including 7 sub-continental locations of Karachi, Islamabad, Dhaka, Colombo,
Kathmandu, Dubai, and Abu Dhabi, IOS has emerged as a ‘One-stop-Shop’ for all mobility solutions anywhere anytime. Over the last 25 years, we have earned a reputation as being the leading Relocation
Service Provider, representing leaders in almost every industry.
**Position - CFO**
**Desired Profile **- CA/ ICWA/ MBA /Any Post graduate with 12-15years experience Accounts & Finance.
Must have worked at least 4-5year as a Head of Accounts & Finance OR CFO in any organization. Must have excellent English communication skills. Operational skills of excel, word & power point operating skills is must
**Functional Scope of the position**:
The HOD- F & A is responsible to develop, maintain and operate an efficient and effective service function which comprises Finance, Controlling, Tax, IT and Procurement, to drive and realize optimization potentials along a growth strategy to be formulated and implemented within his/her functional responsibility.
The scope covers India & Dubai, i.e. including all subsidiary Company’s and Shall report to the MD & CEO
**1. Financial Planning and Analysis / Controlling**
Assess country performance against country strategy and annual budget
Develop management tools and systems to address country management requirements, to provide critical financial and operational information, and to give recommendations on strategy and operations
Monitor performance against budget for Indian legal entities, incl. country platform and selected business lines
Maintain and improve internal control systems, guidelines and policies
Harmonize financial & accounting policies and procedures across all legal entities in India
Engage in ongoing cost reduction analyses in all areas of the company
Review the performance of service verticals and report on key issues to management
Interpretation of the company's financial results and recommend strategic improvement activities
Compile key business metrics and report
Create additional analyses and reports as requested by management
**2. Accounting**
Manage and oversee the daily operations of the accounting functions including:
Month and end-year process,
Accounts payable/ receivables, Cash receipts, General Ledger
Revenue and expenditure variance analysis.
Capital assets reconciliations, fixed asset activity, debt activity
Monitor and analyze accounting data and produce financial reports or statements
Establish and enforce proper accounting methods, policies and principles
Coordinate and complete annual audits
Cost /Expense Management
**3. Finance & Treasury Management**
Forecast and make available cash flow positions, and available funds for investment
Ensure that sufficient funds are available to meet ongoing operational and capital investment and expense requirements
Maintain banking relationships
Assist in determining the company's proper capital structure.
Involve in raising funds as and when required
Handle overseas remittances
**4. Budgeting & MIS**
Manage the preparation of the company's budget
Report to management on variances from the established budget, and the reasons for those variances
Assist management in the formulation of its overall strategic direction
Report daily /weekly /monthly Financial MIS
**5. Taxation & Statutory Compliance**
- Ensure tax compliance and proper tax filing with the authorities.
- Transfer Price Documentation, establishment and regular updates
- Checks of business activities for GST compliance
- Tax consulting for local entities and global/region for Indian tax matters
- ROC related matters.
**6. Team Development/Leadership**
Oversee, direct, and organize the work of the finance and accounts teams.
Ensure staff members receive timely and appropriate training and development.
Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities and conduct annual performance appraisals
Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.
**7. Strategic Management**
Execute the customization for technology integration in various Accounting processes
Evaluate and implement effective control mechanisms. Ensuring the setup of appropriate internal controls to mitigate risks surrounding the various processes
Business partnering to ensure profitable delivery of the business on both top line and b
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